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Earnings Per Share and Capital Stock (Tables)
 12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating basic net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating basic net income per share reflecting the two-for-one stock split effective September 3, 2013:
Basic
 
For The Years Ended December 31,
(in thousands, except per share amounts)
 
2014
 
2013
 
2012
Net income
 
$
61,058

 
$
62,686

 
$
54,148

Less: (a) Distributed earnings to common shareholders
 
32,125

 
29,366

 
24,129

 Distributed earnings to participating securities
 
177

 
171

 
171

Undistributed earnings
 
28,756

 
33,149

 
29,848

 
 
 
 
 
 
 
(b) Undistributed earnings allocated to common shareholders
 
28,599

 
32,958

 
29,638

 Undistributed earnings allocated to participating securities
 
157

 
191

 
210

Total income available to common shareholders, basic (a)+(b)
 
$
60,724

 
$
62,324

 
$
53,767

 
 
 
 
 
 
 
Weighted average Common Shares outstanding, basic
 
38,658

 
38,639

 
37,998

 
 
 
 
 
 
 
Basic earnings per Common Share:
 
$
1.57

 
$
1.61

 
$
1.42
Schedule of reconciliation of Registrant's net income and weighted average Common Shares outstanding for calculating diluted net income per share
The following is a reconciliation of Registrant’s net income and weighted average Common Shares outstanding for calculating diluted net income per share reflecting the two-for-one stock split effective September 3, 2013:
Diluted
 
For The Years Ended December 31,
(in thousands, except per share amounts)
 
2014
 
2013
 
2012
Common shareholders earnings, basic
 
$
60,724

 
$
62,324

 
$
53,767

Undistributed earnings for dilutive stock options and restricted stock units
 
157

 
191

 
210

Total common shareholders earnings, diluted
 
$
60,881

 
$
62,515

 
$
53,977

 
 
 
 
 
 
 
Weighted average Common Shares outstanding, basic
 
38,658

 
38,639

 
37,998

Stock-based compensation (1)
 
222

 
230

 
264

Weighted average Common Shares outstanding, diluted
 
38,880

 
38,869

 
38,262

 
 
 

 
 

 
 

Diluted earnings per Common Share
 
$
1.57

 
$
1.61

 
$
1.41

 
 
 
 
 
 
(1)         In applying the treasury stock method of reflecting the dilutive effect of outstanding stock-based compensation in the calculation of diluted EPS, 222,580 stock options and 221,302 restricted stock units, including performance awards, at December 31, 2014 were deemed to be outstanding in accordance with accounting guidance on earnings per share.